Монетата од лавина е подготвена за 12.5% пад како завршување на достигнувањето на надолна линија

AVAX Price Prediction: In February 2023, while the crypto market faced uncertainty and increasing bearishness, the Avalanche coin turned sideways and showed the formation of a шема со двоен врв. Under the influence of this pattern, the prices recently lost strong support of $17.5, indicating that coin holders are poised for a longer correction. Here’s how this bearish pattern may influence AVAX’s future price movement.

Клучните точки: 

• In theory, this bearish reversal pattern accentuated the exhausted bullish momentum as buyers failed to break above a certain resistance.
• The falling AVAX price nosedive below the crucial EMAs support(20, 50, 100, and 200)
• Обемот на тргување во текот на денот во монетата Лавина е 100.5 милиони долари, што укажува на загуба од 50.4%.

Извор- Tradingview

Over the last five days, the Цена на монета од лавина shows several failed attempts to surpass the $21.6 level. The coin reverted from this resistance indicating the sellers are aggressively defending this resistance level.

Thus, with increasing bearish sentiment in the market, the coin price used the $21.6 resistance as the top ceiling for the formation of a double-top pattern. 

Исто така прочитајте: Врвни еколошки крипто-проекти за инвестирање во 2023 година

The last reversal from the aforementioned resistance has tumbled the AVAX price 23.67% down to currently trade at $16.5. This downfall also provided a bearish breakdown from the $17.5 neckline support of the bearish pattern on March 3rd. 

If the altcoin shows suitability below the $17.5 support, the sellers may pull the prices 12.5% down to hit the $14.4 support. 

Технички индикатори 

Fibonacci retracement levels: The coin price hovering above 0.5 FIB level encourages a bullish pullback to retest the breached support of $17.5 as potential resistance. This retest opportunity could offer a short-selling opportunity to interested traders.

УПН: Дневниот RSI наклон diving deeper into bearish territory indicates the increasing selling pressure in the market.

Лавина цена на монетите во текот на денот нивоа-

• Точка стапка: 16.5 долари
• Тренд: мечка
• Нестабилност: Средна
• Ниво на отпорност: 17.5 и 19.1 долари
• Нивоа на поддршка: 16.5 $ и $14.4